February 21, 2017
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the "MOL Group Safety, Environmental and Social Report 2016"（*1） received the Award of Merit in the Environmental Report category in the 20th Environmental Communication Awards(*2). This marks the third consecutive year the report has won the excellence award in this category.
The report earned high marks for two points. First, it identified five key issues to realize sustainability of shipping industry and evaluated the group's achievements basing on clear targets, and established new targets. Second, the report outlined the MOL Group's efforts to reduce its impact on the environment and demonstrated how the group views these efforts as business opportunities, even though it is part of an industry that is responsible for significant emissions of CO2.
In all of its business activities, the MOL Group focuses on safe operation, environmental conservation, governance, compliance, and human resource development as key issues. In addition, it discloses environmental, social, and governance (ESG) information in a proactive manner to win the trust of various stakeholders, with the aim of becoming a corporation that grows sustainably in step with society.
(*1) Please visit the MOL website to view the "MOL Group Safety, Environmental and Social Report 2016."
(*2) Environmental Communication Awards
This is the awarding system to promote corporate environmental management and efforts on the environmental communication and improve quality of disclosing the environmental information by awarding excellent environmental reports and environmental activity reporting.